Stable sales growth for Auchan
In the 2017 fiscal year annual gross sales of Auchan Hungary’s 20 stores and 18 petrol stations increased by 3.7 percent – the company announced at a press conference on 23 August. Sales reached HUF 363.5 billion between 1 April 2017 and 31 March 2018, and after-tax profit was HUF 3.8 billion. Last year the company invested a lot of money in both traditional forms of retail and e-commerce. CEO Dominique Ducoux told: expansion is in the centre of the retail chain’s strategy, and they don’t need external financial help for this. In 2018 the focus is on innovation and developing new store formats. //
Related news
Carrefour Eyes Acquisition Of Uvesco In Spain
Carrefour is exploring the acquisition of Spanish food distributor Uvesco…
Read more >Auchan Retail Rolls Out Healthcare Service In Portugal
Auchan Retail Portugal is seeking to shake up the healthcare…
Read more >After 30 years of operation, Dia To Exit Portugal
Spanish retailer Dia Group has announced it has reached agreement…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >